- Nov 20, 2008
- Reaction score
Right. Just subtract the first year. It should only take one year to get out of severe recession. Jeezus H. Martha. That's not the way the real world works. Furthermore, in Obama's last two years the deficit was far smaller than Trump's first two. And Trump is working with a Congress that is giving him almost everything he wanted. Obama's final six he had a Congress that worked directly against him. One would hope for far better results from Trump, given a fair comparison. We are not seeing it. So far, given the easy situation he came into, one would expect a far better economy. Maybe it'll come and it just needs to accelerate. I have a lot of doubts.I did it from memory, but here’s a link for you. It’s pretty simple math:
I said, it’s one quarter of GDP. You’re making my point for me. Trump was being criticized for a short period in time. But, that poor quarter was still better than Obama’s entire two terms. Subtract the Obama’s first year of GDP, and it’s still worse.
Lastly, AGAIN, it’s one quarter. That’s why it’s OK.
What you should be beginning to realize is that tax cuts just don't have a big effect on economic stimulation. And that's being said by a person who thought the corporate tax cuts would actually have a pretty big effect (with almost nothing coming from the personal cuts). They haven't. At least not yet.